Stock Report

The Hi-Tech Gears Ltd Q3FY22 consolidated loss at Rs. 13.05 crore



Posted On : 2022-02-09 14:30:57( TIMEZONE : IST )

The Hi-Tech Gears Ltd Q3FY22 consolidated loss at Rs. 13.05 crore

The Hi-Tech Gears Limited has reported Consolidated financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 225.445 crores during the period ended December 31, 2021 as compared to Rs. 252.633 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. -13.059 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. -2.735 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. -6.96 for the period ended December 31, 2021 as compared to Rs. -1.46 for the period ended September 30, 2021.

Financials Q3 FY2022 Q2 FY2022 % Change
Total Income ₹ 225.445 crs ₹252.633 crs Up Tick / Down Tick-10.76%
Net Profit ₹-13.059 crs ₹-2.735 crs Up Tick / Down Tick377.48%
EPS ₹-6.96 ₹-1.46 Up Tick / Down Tick376.71%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 225.445 crores during the period ended December 31, 2021 as compared to Rs.226.963 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-13.059 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.4.132 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.-6.96 for the period ended December 31, 2021 as compared to Rs.2.20 for the period ended December 31, 2020.

Financials Q3 FY2022 Q3 FY2021 % Change
Total Income ₹ 225.445 crs ₹226.963 crs Up Tick / Down Tick-0.67%
Net Profit ₹-13.059 crs ₹4.132 crs Up Tick / Down Tick-416.05%
EPS ₹-6.96 ₹2.20 Up Tick / Down Tick-416.36%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.687.668 crores during the 9 Months period ended December 31, 2021 as compared to Rs.506.193 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.-12.344 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.0.061 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.-6.58 for the 9 Months period ended December 31, 2021 as compared to Rs.0.03 for the 9 Months period ended December 31, 2020.

Financials 9 Months Ended FY2022 9 Months Ended FY2021 % Change
Total Income ₹687.668 crs ₹506.193 crs Up Tick / Down Tick35.85%
Net Profit ₹-12.344 crs ₹0.061 crs Up Tick / Down Tick-20,336.07%
EPS ₹-6.58 ₹0.03 Up Tick / Down Tick-22,033.33%

Shares of The Hi-Tech Gears Limited was last trading in BSE at Rs. 259.05 as compared to the previous close of Rs. 265.65. The total number of shares traded during the day was 684 in over 73 trades.

The stock hit an intraday high of Rs. 274.00 and intraday low of 255.90. The net turnover during the day was Rs. 180024.00.

Source : Equity Bulls

Keywords

TheHiTechGears Q3FY22 9MFY22 ResultUpdate